Featured

Featured Posts

[tagcloud number="6" orderby="count" format="flat" order="DESC" smallest="11" largest="11"]

Scottish government backs ban on fracking

By Underground | October 4, 2017

Energy minister Paul Wheelhouse tells MSPs that fracking “cannot and will not take place in Scotland”. Wow, a country standing up to the oil and gas industry? It’s about time. Source: Scottish … Continue reading Scottish government backs ban on fracking

Inequality is getting so bad even Wall Street is starting to pay attention

By Underground | October 2, 2017

It’s a sign of just how extreme US and global wealth inequality has become that even the folks on the winning side of the class war are starting to worry about it. … Continue reading Inequality is getting so bad even Wall Street is starting to pay attention

Inequality makes growth less sustainable, IMF says

By Underground | October 1, 2017

In many countries, the richest 1% have benefited disproportionately from economic growth in recent years, the IMF says. The IMF says fiscal policy is “a powerful instrument for ensuring inclusive growth and … Continue reading Inequality makes growth less sustainable, IMF says

Puerto Rican Debt Holders Respond to Catastrophic Hurricane by Offering Puerto Rico More Debt

By Underground | October 1, 2017

The island’s creditors have barely even given the obligatory thoughts and prayers. But they do have a deal for Puerto Rico. What a way to capitalize on a sutuatuon! Source: Puerto Rican … Continue reading Puerto Rican Debt Holders Respond to Catastrophic Hurricane by Offering Puerto Rico More Debt

WTF?

Just How Unpopular, How Wrong on the Facts, How Misguided Is the FCC Proposal to Rollback Network Neutrality and Broadband Privacy?

By Underground | September 30, 2017

This guy running the FCC is the very definition of “The Swamp” and is willing to destroy the Internet and the FCC just to get a nice high paying job after he … Continue reading Just How Unpopular, How Wrong on the Facts, How Misguided Is the FCC Proposal to Rollback Network Neutrality and Broadband Privacy?

The IMF’s road to enlightenment

By Underground | September 30, 2017

The fund needs to have the courage of its convictions Again, the IMF’s research shows that its policy of forcing austerity on countries, especially with the EU, is the exact opposite of what it should be doing. Source: The IMF’s road to enlightenment Continue reading The IMF’s road to enlightenment

How to save Puerto Rico

By Underground | September 29, 2017

The solution is simple. It just takes money. Source: How to save Puerto Rico Continue reading How to save Puerto Rico

Puerto Rico Needs Massive Emergency Aid Now—and an End to Austerity

By Underground | September 28, 2017

The island has become a target not only for rapacious vulture funds but also for exponents of Katrina-style “disaster capitalism.” Just because the residents of Puerto Rico can’t vote for members of … Continue reading Puerto Rico Needs Massive Emergency Aid Now—and an End to Austerity

WTF?

Who owns Puerto Rico’s mountain of debt? You do

By Underground | September 27, 2017

Not only is this article factually wrong, we don’t own Puerto Rico’s debt, speculators do, it’s also irresponsible when millions are without power and people are dying due to a lack of … Continue reading Who owns Puerto Rico’s mountain of debt? You do

“It’s Always Cheaper to Let People Die”: Lessons From the NHS

By Underground | September 27, 2017

All this week, Splinter is talking to healthcare experts about what advocates for a single payer system can learn from the National Health Service in my home country, the United Kingdom. Yesterday, … Continue reading “It’s Always Cheaper to Let People Die”: Lessons From the NHS

Target’s $15 an hour move ‘blows up’ minimum wage myths-commentary

By Underground | September 27, 2017

Target’s decision to raise its pay to $15 an hour destroys this argument from the naysayers, says NELP general counsel Paul Sonn. If a discount retailer with paper thin margins can do … Continue reading Target’s $15 an hour move ‘blows up’ minimum wage myths-commentary

BitCoin will not be our saviour

By Underground | September 26, 2017

JP Morgan chief claims BitCoin is a “fraud” reserved for criminals. He would know. JP defrauded its customers for decades without need for a crypto-currency. The only reason crypto-currencies are hot right … Continue reading BitCoin will not be our saviour